If you were to buy a house locally at the current median price of $1,480,000 and had 10% deposit, then you would need a mortgage for $1,332,000. This is a very large mortgage compared to state.
CROYDON, 2132 is number 444th in a list of the country’s fastest growing suburbs, and number 141th in State. It has had an average population growth of 146.80 over the period between the last two national censuses.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-617 less than the median monthly home loan repayment in CROYDON, NSW.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, CROYDON NSW would be 1837th with 36.70.